πFAQ
Q: What is BGTAI?
A: BGTAI is a comprehensive Web3 aggregation protocol designed to establish trustable and composable infrastructures, fostering the development of Web3βs Soul and unlocking the potential within the Decentralized Society.
Q: Who develops and supports BGTAI?
A: BGTAI is crafted by a technology-driven team with rich experience in advanced technologies, hailing from prestigious institutions like Cornell Blockchain, Stanford University, Carnegie Mellon University (CMU), and Microsoft. Our team comprises 17 members and is expanding. Further details about our team can be accessed here.
Q: Can you outline BGTAIβs roadmap?
A: BGTAIβs development trajectory is outlined in a detailed task list, highlighting our teamβs focus areas. For a comprehensive view of our roadmap and ongoing updates, please visit this link. We encourage community engagement and are open to discussions and queries through our community channels.
Q: What possibilities does BGTAI enable?
A: BGTAI offers a robust, secure, and cooperative infrastructure that enables crypto users to re-establish influence and trust in the Web3 space. A wide array of Web3 applications can be developed using BGTAI. For more details, refer to our Build with BGTAI documentation.
Q: How secure is the Open API of BGTAIβs Web3 KYC system regarding user data privacy?
A: Our Open APIs allow Web3 applications to access users' KYC data in real-time securely without compromising sensitive personal information. These APIs are designed to safeguard privacy while providing necessary functionality.
Q: Is the information stored in WSP reliable?
A: Web3βs Soul Profile (WSP) serves as verifiable and programmable identities that aggregate reliable data. Information on-chain, including NFT avatars, ENS names, and SBT Medals, is securely fetched based on user-signed addresses and cannot be altered unauthorizedly. Portfolio data retrieved from TIMT products like Smart SAFT and Claimer accurately reflect user actions and cannot be manipulated by the user. Social media and employment histories from Web2 are securely bound to the blockchain post-OAuth authentication and are encrypted before upload, ensuring authenticity. Testimonials or proofs of influence (PoI) are penned by other verified BGTAI users and are immune to forgery due to signature verification.
Q: Will there be privacy concerns with BGTAI?
A: BGTAI prioritizes user privacy across all its applications, including the Web3 KYC system, WSP, and Smart SAFT's Hidden mode. All information is stored on the blockchain in encrypted form, ensuring that the contents remain confidential. Users can securely upload data to the chain, confident that their private information remains protected and inaccessible to unauthorized parties.
Q: What is BGTAI Space?
A: BGTAI Space functions as a Web3 DAO Hub where users can manage Smart SAFTs, portfolios, token vesting, and create IDO/Private Sale deals to share with the community. BGTAI Spaces are foundational to the platform, supporting the launch of dApps such as Smart SAFT and Claimer. All data within BGTAI Space is decentralized and forms the backbone of the Credit Data Network.
Q: How can I create a Space on BGTAI?
A: To create a Space on BGTAI, follow these steps:
Connect your wallet and select the Ethereum network.
Navigate to Dashboard > My Space > Create Space. Enter your Space name and submit, ensuring you have sufficient ETH for gas fees.
Once created, you may request verification to access additional features, or proceed to launch applications like Smart SAFT or Claimer.
Q: What are the advantages of having a Verified Space?
A: Verified Spaces at BGTAI offer enhanced visibility and trust within the ecosystem. Benefits include:
A green Verified badge next to the Space name.
A unique and dedicated URL tailored to the Space name.
Ability to edit the Space Profile, including key details like logos, descriptions, and social media links.
Inclusion on the Space List page, making it searchable publicly.
Any SAFTs created will be listed on the Explore page and can be easily searched and filtered.
Q: How do I verify my Space on BGTAI?
A: To request verification of your Space on BGTAI:
Ensure you are a Space Owner.
Submit a verification request here.
Refer to our Space Verification Program document for detailed guidelines and eligibility criteria.
Q: What is Smart SAFT?
A: Smart SAFT on BGTAI enables users to draft on-chain proposals outlining the terms of a deal with counterparts, offering a secure, blockchain-based alternative to traditional SAFT agreements. This method enhances security and protects investments in the primary market on Web3, ensuring that funding is managed transparently and efficiently through smart contracts.
Q: How do I launch a Smart SAFT on BGTAI?
A: To initiate a Smart SAFT on BGTAI, follow these steps:
Ensure you have established a Space within BGTAI. If not, create one by navigating to Dashboard > My Space > Create Space.
Proceed to Dashboard > My Space > New SAFT to initiate a new Smart SAFT.
Complete the form which encompasses three primary sections: Project Info, Token Info, and Fundraising Detail. Detailed guidance on launching Smart SAFT can be found here.
Q: How do I list my SAFT on the BGTAI Explore page?
A: SAFTs from Verified Spaces are automatically featured on the Explore page. To become verified, please submit a verification request here.
Q: What is a BGTAI NFT Receipt?
A: BGTAI NFT Receipt is the first Non-Fungible Tokenized Receipt within the Web3 ecosystem, serving as proof of purchase when buying tokens through Smart SAFT. This NFT is convertible into a Non-Tradable Token (NTT) to support the Credit Data Network in Decentralized Society (DeSoc). Benefits of minting an NFT Receipt include access to presales, airdrops, exclusive NFT farming, and entry into no-cost lotteries.
Q: How do I mint an NFT Receipt?
A: NFT Receipts can be minted by investors during the token purchase process via Smart SAFT. An additional fee of 1% of the total investment is applied for minting. Investors can mint the NFT Receipt by confirming during the payment process on any Smart SAFT on BGTAI. Post-payment, the NFT Receipt can be accessed via Dashboard > My NFT.
Q: What is the Dynamic Penalty Function (DPF)?
A: DPF, developed by BGTAI and integrated within the Claimer dApp, is a mechanism to regulate adjustments in token vesting schedules. It calculates penalties using the formula:
z=kβ βCeil(Abs(xβy))z = k \cdot \sum \text{Ceil}(\text{Abs}(x - y))z=kβ βCeil(Abs(xβy))
where:
Ξ£ (Sigma) indicates a sum.
Ceil() rounds up to the nearest integer.
Abs() provides the absolute value.
z represents the total penalty.
k denotes the fine per unit time.
x and y are the adjusted and initial claim times respectively, measured in hours. This function ensures adjustments incur a cost, maintaining the integrity of token distribution schedules.
Q: Where can I find information about token sales or investments?
Stay updated on forthcoming details about the $BGTAI token sale by following our official announcements. Please remain vigilant against fraudulent groups or links that may impersonate BGTAI. We strictly prohibit illegal practices and recommend verifying all BGTAI sources, such as telephone numbers, emails, and URLs, through our BGTAI Authenticity Check to ensure their legitimacy.
Q: What are the tokenomics of $BGTAI?
The specific tokenomics for $BGTAI are still under development. However, we plan to reward early adopters who actively engage with Spaces or mint NFT Receipts through Smart SAFTs among other activities. Details will be shared soon, so please stay tuned for updates.
Q: Is BGTAI secure? Has it been audited?
Ensuring the security of the BGTAI decentralized ecosystem is a paramount priority. We have undertaken rigorous security measures, including audits by industry-leading firms Certik and PeckShield. These comprehensive audits help safeguard the integrity of our smart contracts and overall platform.
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